Marshall University’s Lewis College of Business in partnership with the City of Huntington, the West Virginia Small Business Development Center, and Generation Huntington presented a workshop on September 25th from 9:00 am to 3:00 pm for individuals in the community who are thinking about starting their own business. The one-day event was designed to help those thinking about starting a business avoid costly mistakes and learn how to present their ideas in order to obtain investor funding.
“Marshall University wants to support local Entrepreneurs and those considering starting up a business. These individuals represent the economic future of Huntington and the Tri-State region and Marshall is deeply committed to helping them succeed,”
Jonathan Butler, Assistant Professor of Entrepreneurship
Workshop participants learned 10 Essentials for Launching a Startup including (1) How to complete a feasibility analysis, (2) how to organize proforma financial statements, and (3) selecting the appropriate market segment for their business. Bryan Shaw (from The West Virginia Small Business Development Center), Xavier Staggs, JD (an attorney with Jenkins Fenstermaker, PLLC), and Sharon Pell (from the City of Huntington) each presented key concepts important for would-be entrepreneurs to help them chose the right business model, avoid legal mistakes, and file the appropriate forms required by the City of Huntington.
Approximately 33 students and community members attended the event. See wchstv.com for additional information.
The Marshall University Entrepreneurship program is growing to meet the needs of individuals interested in starting their own companies or working in new ventures. The Lewis College of Business will be the first university in the state of West Virginia to offer a comprehensive undergraduate major in the field of entrepreneurship beginning in the fall of 2016.